How do you do a hypothesis test, statistics homework help
Case 1: Election Results
- Use 0.10 as the significance level (α).
- Conduct a one-sample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state. Case 2: SpeedX
- Use 0.10 and the significance level (α).
- Conduct a one-sample hypothesis test and determine if you can convince the CFO to conclude the plan will be profitable.